Cheap Apartments for Rent in Okaloosa County, FL from $400 (35 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Okaloosa County.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article
property at 102 Chicago Ave SE

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

102 Chicago Ave SE

Fort Walton BeachFL32548

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
property at 201 Taylor St

$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

201 Taylor St

Fort Walton BeachFL32547
property at 770 Rockport Ct

$1,200

1 Bedroom Rentals

Available Now

770 Rockport Ct

Fort Walton BeachFL32548
close
View Me
Glenwood Apartments
1 to 2 Bedroom Apartments

Glenwood Apartments

50 Kelly AveFort Walton Beach, FL 32548
  • Utilities Included
close
View Me
Miramar Apartments
2 to 3 Bedroom Apartments

Miramar Apartments

1005 Martin Luther King Jr AveCrestview, FL 32536
  • Utilities Included
close
View Me
Twin Oaks
2 Bedroom Apartments

Twin Oaks

140 Banner CtCrestview, FL 32539
close
View Me
Niceville Apartments
2 Bedroom Apartments

Niceville Apartments

203 Kelly RdValparaiso, FL 32580
  • Utilities Included
close
View Me
Inntown Apartments
1 to 2 Bedroom Apartments

Inntown Apartments

795 N Wilson StCrestview, FL 32536

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
close
View Me
Teresa Village
1 to 3 Bedroom Apartments

Teresa Village

321 Woodrow St NEFort Walton Beach, FL 32547
Senior Living
  • Utilities Included
close
View Me
Walton South Apartments
1 to 2 Bedroom Apartments

Walton South Apartments

303 South AveFort Walton Beach, FL 32547
  • Utilities Included
close
View Me
Creekside Apartments
2 Bedroom Apartments

Creekside Apartments

1862 Norwood CtFort Walton Beach, FL 32548
  • Utilities Included
close
View Me
Villager Apartments
1 to 2 Bedroom Apartments

Villager Apartments

22 NW Wright Pky NWFort Walton Beach, FL 32548
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Oak Tree Park Apartments
1 to 2 Bedroom Apartments

Oak Tree Park Apartments

330 Clifford StFort Walton Beach, FL 32547
  • Utilities Included
close
View Me
204 Davenport Rd
2 Bedroom Apartments

204 Davenport Rd

204 Davenport RdFort Walton Beach, FL 32547
Showing Results 1-35, Page 1 of 1

Cheapest Available Okaloosa County Apartments for Rent

 

The cheapest available apartment rental in Okaloosa County, FL is a Studio unit found at Hillcrest in the Shoal River Ranch neighborhood priced from $935. Princeton Grove in the Shoal River Ranch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $986. Here is today’s list of the most affordable Okaloosa County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
HillcrestStudio 1 BathStudio,1BA$935
Princeton Grove1/1 Bedroom1BR,1BA$986
ADDISON PLACE2 Bed 2 Bath2BR,2BA$1,099
Bel Aire TerraceThe Venice1BR,1BA$1,118
Pine Ridge Apartments at Shalimar1x11BR,1BA$1,150
The LyleA11BR,1BA$1,199
Bradford Place ApartmentsMain2BR,2BA$1,200
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1BA$1,200
Falcon HouseA11BR,1BA$1,239
Spring Creek ApartmentsB12BR,2BA$1,245

Best Value Apartments for Rent in Okaloosa County, FL

As of April 16, 2026 the best value apartment in the Okaloosa County area is the $1.16 price per square foot 3 bedroom Model at Keystone Townhomes in the in the Shoal River Ranch neighborhood starting from $1,800. The second greatest value Okaloosa County apartment is the 2x1.5 1300 - NO AVAILABILITY Model at Merrimac Manor Apartments starting at $1,200 with a $0.92 price per square foot in the Sylvania Heights neighborhood. Here is today’s list of the best values for Okaloosa County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Keystone Townhomes3 bedroom3BR,2.5BA$1.16
Merrimac Manor Apartments2x1.5 1300 - NO AVAILABILITY2BR,1.5BA$0.92
The DorianB1.1.5THU2BR,2BA$1.21
Courtland TerraceMain2BR,1.5BA$1.22
Spring Creek ApartmentsB12BR,2BA$1.11
Retreat at Redstone1x11BR,1BA$1.37
The CordeliaB1.1.5T2BR,1.5BA$1.32
Emerald ShoresB12BR,2BA$1.41
ADDISON PLACE2 Bed 2 Bath2BR,2BA$1.00
Bradford Place ApartmentsMain2BR,2BA$1.29

Frequently Asked Questions about Cheap Okaloosa County Apartments

What is the Cheapest Studio apartment in Okaloosa County?

Currently the most affordable Cheap Studio Apartment in Okaloosa County is at Hillcrest listed at $935.

How much is rent for a Cheap One Bedroom Okaloosa County Apartment?

The lowest price for a Cheap One Bedroom Okaloosa County Apartment is $986 at Princeton Grove.

What is the lowest price for a Cheap Two Bedroom Okaloosa County Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Okaloosa County is starting from $999 at Princeton Grove.

What is the most affordable Okaloosa County Three Bedroom Apartment?

The best deal on a cheap Okaloosa County Three Bedroom Apartment rental is at Pine Ridge Apartments at Shalimar and starts from $1,350.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.